The economics of it don’t add up and the growth rate of the curve of improvement over time has already significativelly fallen which looking at the historical curves for other technologies is a very strong indication that it’s approaching the limits of how far it will go even though it’s nowhere close to the hype.
Yeah, I’m convinced that they’ve maintained the illusion of continued exponential improvement from 2024-2026 by sneaking in exponential increase in resources (hardware complexity, power consumption), to prop things up past what should have been a plateau.
The way GDP is calculated you can in the short term create GDP “growth” by using debt to invest in things whose eventual return on investment is less than 1.
Yeah, I’m convinced that they’ve maintained the illusion of continued exponential improvement from 2024-2026 by sneaking in exponential increase in resources (hardware complexity, power consumption), to prop things up past what should have been a plateau.
The way GDP is calculated you can in the short term create GDP “growth” by using debt to invest in things whose eventual return on investment is less than 1.